Business news for Wed, 28 Nov 2007 & with word world. 54 news.

China's list of crude suppliers reads like a who's who of the oil-exporting world, but the sudden emergence of South Africa among the ranks has left many market watchers scratching their heads.

Here comes the online networking generation gap, moving from college into the working world.

But analysts predict a rosy outlook for luxury and sporting goods in the longer term, given the rising level of wealth in the world.

LONDON (AP) -- Wolseley PLC, the world's largest distributor of plumbing products, said Wednesday it is slashing 1,300 more jobs in the United States as it seeks to cut costs amid the struggling U.S. housing market....

Despite decades of regulatory reforms, experts say the world's financial system is as vulnerable as ever to serious crises - like the threat of a recession in the U.S.

Stanley Ho, the Macao tycoon, is launching his gaming company's long-delayed initial public offering as he seeks to fend off overseas challengers in the world's largest gambling market

Wendelin Wiedeking, chief executive of Porsche, earned an estimated ?60m-?70m last year, making him one of the highest paid industrial managers in the world

The World Economic Forum has bestowed the coveted honor on 39 companies, which could become the Googles, a previous winner, of tomorrow

COMPASS, the world's biggest caterer, posted forecast beating results yesterday as it revealed it had shrugged off the effects of soaring food prices.

The leaders of 150 major global companies today called for a legally binding and comprehensive international deal on climate change.

Turmoil in the world financial markets is taking a turn for the worse, leading to a surge in borrowing costs and a potential property downturn, Mervyn King has warned

Some 150 global companies and corporate brands have called on world leaders to come up with a comprehensive and legally binding framework to tackle climate change. Led by The Prince of Wales's UK and EU Corporate Leaders Groups on Climate Change, the corporate communiqu? is an unprecedented move by the international business community.

Call me picky, but I rather object to this line of argument: Kevin Watkins, editor of the near-400-page human development report, said at its launch in Brazil that climate change was about more than science or economics. "It is about social justice and the human rights of the world's poor and marginalised. Failure to act on climate change would be tantamount to a systematic violation of the human rights of the poor." I object because there's nothing in economics which is incompatible with social justice, human rights or even science. It's not prescriptive you know, it's descriptive. Economics itself doesn't

Four of the world's largest glass makers have been fined almost ?500m for rigging prices in the European market for 'flat glass', used in products such as double-glazing and safety glass

The fall of 2.97 per cent in the Sensex is less than half of over eight per cent decline in the US blue-chip index Dow Jones Industrial Average (DJIA). It is also less than the average losses of more than seven per cent each for the European, Asia and world equity markets.

The Arab world's richest man - Saudi Prince Alwaleed bin Talal - may have been upstaged publicly by another oil rich family next door in Abu Dhabi - but he's still very much a power player in Citigroup's future. Alwaleed had been the bank's...

THE culinary world seems to inspire a certain kind of dedicated, if slightly obsessive, connoisseurship. Think of Elizabeth Tashjian, who for 30 years ran the Nut Museum out of her house in Old Lyme, Conn., and spent her off hours painting portraits of walnuts.

Arbitration Fairnless Actfrom the article in MoJo, written by By Stephanie Mencimer :Mandatory arbitration clauses are designed to take fraud cases into a world of private justice, where big corporations hire the arbitrators that hear their cases and there's no right to appeal.

Wall Street banks aren't the only ones taking a drubbing these days. Bond insurers, which guarantee municipal bonds and operate in a sleepy corner of the fixed income world, also insured subprime mortgage-backed securities. As a result, shares of bond insurers like Ambac Financial Group, MBIA and ACA Capital have tanked.

Wall Street banks aren't the only ones taking a drubbing these days. Bond insurers, which guarantee municipal bonds and operate in a sleepy corner of the fixed income world, also insured subprime mortgage-backed securities. As a result, shares of bond insurers like Ambac Financial Group, MBIA and ACA Capital have tanked.